The NEW waiting to exchange thread...

Rachylou1981

Firsttime2021 said:

cheeky-peach said:

We are now in the lull of waiting for searches to come back. The LAs website says "approx 4 weeks". Anyone know if this is a best endeavours or if it's a worst case scenario?

Give your LA a call they can advise if the timeline is correct, the website said 3 weeks for ours (north Northamptonshire) but came back within two weeks 

Where do I find the number to ring our LA? I was given a company to call (Searchflow) who refused to talk to me, solicitors only apparently but I believe we've been conned out of £100 to speed up searches as we have no proof they have done this nor does the estimation date they are back add up to it being prioritised. Feeling very frustrated with no one to help me

Firsttime2021

Irishpearce26 said:

Firsttime2021 said:

 Irishpearce26 said:

Firsttime2021 said:

Good luck to all hoping to exchange/complete today.

Our solicitor said we can do both today providing my parents solicitor is available...don’t hold out much hope.

our solicitor yesterday morning even gave out his personal mobile to the solicitor on the other side so we can get this done and she still left at 4.30!! With so many people aiming to complete by tomorrow to make STLD I don’t understand why you would do this. 

Will be on edge all day waiting for calls/email etc. Parents calling theirs this morning, I rattled off an email last night to ours saying if we can exchange  and complete today it would be preferred. 

Maybe that's the time they finish work, maybe they need to get home to look after kids etc. Its not all about you remember, solicitors have lives as well. If it was ready to happen then it would have happened, they don't just ignore exchange for sh1ts and giggles.

It’s been ready for weeks. We agreed exchange Friday, then yesterday. 

They knew mum and dad would need to sign and have witnessed an insolvency document in April, the solicitor didn’t tell my parents this till 2 weeks ago. They were also emailing the wrong person to our side and were uncontactable for weeks. 

They have been incompetent at every turn.

Again if its ready to go it would have happened. All solicitors are snowed under at the minute. Out of interest how much have you been emailing and calling them? If they have been emailing the wrong person on your side then you gave the wrong persons details no? If all that needs to happen is exchange and completion then it will happen imminently. When did you start the process?

I’ve been onto my solicitors daily, my parents also. Neither my parents or I realised they were emailing the wrong person. And our solicitor couldn’t understand why the just didn’t hit the reply button on the emails. 

This has been going on since the end of January. So quite a long time considering it’s a purchase from my parents. Our enquiries were sent end of March beginning of April, our searches came back in may. Satisfactory relies to enquiries were not sent back till last week, so they’ve taken 3 months to send over title deeds and organise the signing of insolvency. No other enquiries were sent as we live in the property and my parents as our landlords regularly had boiler and electrics serviced.

Plus it was my parents solicitors who suggested exchange for last Friday then again for yesterday and completion tomorrow. We were just happy to let it roll on for however long as we don’t need to move or make SLDT. 

Fingers crossed today contact is made between both sides and it’s all sorted 

m4x1ne

congrats @uralmaid! fingers crossed it's all nice and smooth today

I can see on my banking app that our lender released mortgage funds to our solicitor at 5.09 this morning - phew. So now I'm just watching my phone and waiting for calls Good luck everyone hoping to exchange or complete today

Octothorpe

Irishpearce26 said:

Firsttime2021 said:

 Irishpearce26 said:

Firsttime2021 said:

Good luck to all hoping to exchange/complete today.

Our solicitor said we can do both today providing my parents solicitor is available...don’t hold out much hope.

our solicitor yesterday morning even gave out his personal mobile to the solicitor on the other side so we can get this done and she still left at 4.30!! With so many people aiming to complete by tomorrow to make STLD I don’t understand why you would do this. 

Will be on edge all day waiting for calls/email etc. Parents calling theirs this morning, I rattled off an email last night to ours saying if we can exchange  and complete today it would be preferred. 

Maybe that's the time they finish work, maybe they need to get home to look after kids etc. Its not all about you remember, solicitors have lives as well. If it was ready to happen then it would have happened, they don't just ignore exchange for sh1ts and giggles.

It’s been ready for weeks. We agreed exchange Friday, then yesterday. 

They knew mum and dad would need to sign and have witnessed an insolvency document in April, the solicitor didn’t tell my parents this till 2 weeks ago. They were also emailing the wrong person to our side and were uncontactable for weeks. 

They have been incompetent at every turn.

Again if its ready to go it would have happened. All solicitors are snowed under at the minute. Out of interest how much have you been emailing and calling them? If they have been emailing the wrong person on your side then you gave the wrong persons details no? If all that needs to happen is exchange and completion then it will happen imminently. When did you start the process?

I think you need to read all of her posts, it's clearly incompetence on the solicitors side. 

I don't know about you, but if my tasks aren't complete I would expect to stay to do them.

If I had a commitment scheduled for a client and some extenuating circumstances meant i couldn't fullfill it, I would be expected to communicate that to said client. Not just disappear. 

Blindly supporting the solicitor in this instance just wreaks of being obtuse for the sake of it.

Livingincolour

On Wednesday last week our mortgage company pulled the rug from under us & retracted their offer, cue an utterly hellish 48 hours of pandemonium but we managed to successfully appeal the decision and get it reinstated on Friday. 

After 7 months from having our offer accepted and 3 months living out of Airbnbs, we successfully completed yesterday! Going to pick the keys up in a couple of hours. 

Best of luck to all trying to beat the deadline.

CLJ2986

Livingincolour said:

On Wednesday last week our mortgage company pulled the rug from under us & retracted their offer, cue an utterly hellish 48 hours of pandemonium but we managed to successfully appeal the decision and get it reinstated on Friday. 

After 7 months from having our offer accepted and 3 months living out of Airbnbs, we successfully completed yesterday! Going to pick the keys up in a couple of hours. 

Best of luck to all trying to beat the deadline.

Oh gosh this is like my biggest fear right now! Why did they retract your offer? So glad you got there in the end!

TheTruemans

Miniature update…

- Still no mortgage report yesterday
- Contacted EA to find out the vendors timeline for completion and they have said they are keek to complete ASAP. (No chain) Eek 😬
- Asked to follow up on our solicitors enquiries to their solicitor

- I’m still aiming for 19th July #fingerscrossed 

Firsttime2021

Livingincolour said:

On Wednesday last week our mortgage company pulled the rug from under us & retracted their offer, cue an utterly hellish 48 hours of pandemonium but we managed to successfully appeal the decision and get it reinstated on Friday. 

After 7 months from having our offer accepted and 3 months living out of Airbnbs, we successfully completed yesterday! Going to pick the keys up in a couple of hours. 

Best of luck to all trying to beat the deadline.

Oh what a nightmare for you,

glad it’s all sorted, did they say why they retracted the offer?. We complete tomorrow hoping exchange today. This is my worst fear 

Livingincolour

Firsttime2021 said:

Livingincolour said:

On Wednesday last week our mortgage company pulled the rug from under us & retracted their offer, cue an utterly hellish 48 hours of pandemonium but we managed to successfully appeal the decision and get it reinstated on Friday. 

After 7 months from having our offer accepted and 3 months living out of Airbnbs, we successfully completed yesterday! Going to pick the keys up in a couple of hours. 

Best of luck to all trying to beat the deadline.

Oh what a nightmare for you,

glad it’s all sorted, did they say why they retracted the offer?. We complete tomorrow hoping exchange today. This is my worst fear 

CLJ2986 said:

Livingincolour said:

On Wednesday last week our mortgage company pulled the rug from under us & retracted their offer, cue an utterly hellish 48 hours of pandemonium but we managed to successfully appeal the decision and get it reinstated on Friday. 

After 7 months from having our offer accepted and 3 months living out of Airbnbs, we successfully completed yesterday! Going to pick the keys up in a couple of hours. 

Best of luck to all trying to beat the deadline.

Oh gosh this is like my biggest fear right now! Why did they retract your offer? So glad you got there in the end!

Yeah, our solicitors reported to the mortgage company that there was no building warranty available without giving them the full context, so their valuers instructed them not to lend.

We personally went through the CML handbook and found multiple clauses within their own terms as to why it's not classified as a new build so not in need of a building warranty (it's one of three flats in a converted house) and begged our solicitors to go back to them with the info we'd found and the mortgage company overturned the decision and reinstated the offer! Unbelievable really. Never felt relief like it. 

Honestly, best of luck to you both! 

laura_lau

So my solicitor called. She said the lender is not satisfied with a document I had my partner sign, which they asked when they made the mortgage offer. They want him to seek independent legal advice before signing it, which they could have said 1 month ago when we sent them the signed form! Not wait until completion to say no sorry we want your partner to hire another solicitor the day before the stamp duty deadline. I've already called 4 and they are all above capacity, obviously, and one of them quoted me £2000 just to speak with my partner and witness him signing the document. This is insane. I'm furious. I must admit that I've been crying like a fountain. This is too much.